Digg is being rebuilt from the bottom up and will launch again on Aug. 1, just six weeks after Betaworks bought the social news aggregator. A team of 10 engineers, designers and editors from Betaworks' News.me aggregation app said they're hard at work in an "adrenaline and caffeine-fueled six weeks" to redesign the site and restore it as an online social leader. Digg was once one of the Web's hottest stops for social news aggregation. It saw about 30 million visitors per month and reportedly was in talks with Google about a possible $200 million acquisition.
Source: http://ectnews.com.feedsportal.com/c/34520/f/632000/s/21a17ecc/l/0L0Stechnewsworld0N0Crsstory0C7570A50Bhtml/story01.htm
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